In the first update to its framework for assessing the money laundering risk of Politically Exposed Persons (PEPs) since 2008, the Wolfsberg Group urged financial institutions to focus resources on high-risk PEPs.
NEWS RELEASE: Two global risk management pioneers today announced a partnership that streamlines the delivery of high-volume compliance and third-party screening solutions to large and small corporates, financial institutions, private equity firms, and a host of other regulatory compliance consumers.
CEO Jim McWeeney describes the benefits of predictive risk analysis for addressing regulatory requirements in preparation for FinCEN’s new Customer Due Diligence Final Rule, scheduled to take effect in May 2018.
CEO Jim McWeeney notes that your organization’s compliance efforts are only as good as your last report — so it’s essential to ensure that every one is as solid and thorough as it can be.
Ruth Rhei, a finance professional with more than 20 years of experience in capital markets and investment banking, is the newest member of our leadership team.
CEO Jim McWeeney describes how we’re solving today’s due diligence challenges through a thoughtful, customizable, and calibrated leveraging of our global network, subject matter expertise, and smart technology.
We may be just six months old, but our leadership comes to the table with 100+ years of combined industry experience in complex due diligence cases and security response situations.
Early stage companies may be tempted to shortchange regulatory considerations. This can set the stage for compliance woes and reputation damage.